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New Member
posted Sep 11, 2021 10:31:45 AM

Hi I'm a business owner. How much do I need to make in salary in order to contribute the max. amount to my Simple IRA. 13,500 plus the 3k catch up. Also 3% employer match

I also match 3% to my employer's and myself. SO if I make 20k, that would be 600 dollars extra. A total of 17,100.

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1 Replies
Level 12
Sep 19, 2021 9:03:22 PM

Your employer?